Episode 31: Bitcoin Global & Local News - CPI update, Euro CBDC, China bank bail in, CAR shitcoining, Tesla sells some bitcoin, Zebedee bitcoin gaming, and devs discussing changing the bitcoin supply.
Discount link (get 6 months of bitcoin Auto-Send withdrawals for free): https://www.hardblock.com.au/join/ozbitcoinpod
Hosts: https://twitter.com/mission_bitcoin & https://twitter.com/danWilcz
Sponsored by HardBlock: https://www.hardblock.com.au
Notes
Beware of scams!
Yepoon Bush Bash kicking off this weekend
GLOBAL
CPI Updates
- New Zealand: https://tradingeconomics.com/new-zealand/consumer-price-index-cpi
- United States: https://tradingeconomics.com/united-states/consumer-price-index-cpi
- United Kingdom: https://tradingeconomics.com/united-kingdom/inflation-cpi
ECB CBDC: https://twitter.com/Lagarde/status/1547247694170800129
Russia bans domestic crypto paments: https://sozd.duma.gov.ru/bill/138674-8#bh_histras
Paraguay’s crypto framework: https://cointelegraph.com/news/paraguay-s-crypto-framework-one-step-away-from-becoming-law
Andorra's Digita Assets Act: https://cointelegraph.com/news/andorra-green-lights-bitcoin-and-blockchain-with-digital-assets-act
Central African Republic launches shitcoin and holds bitcoin as reserve asset: https://sango.org/
Chinese citizens likely unable to have deposits returned from Henan branch banks: https://www.msn.com/en-us/news/world/are-chinese-tanks-defending-banks-from-customers-viral-video-sparks-rumors/ar-AAZPlhs
Tesla sells 75% of its bitcoin (~US$930 million): https://bitcoinmagazine.com/business/breaking-elon-musks-tesla-sold-75-of-its-bitcoin
Celsius has initiated Chapter 11 bankruptcy proceedings: https://www.businesswire.com/news/home/20220713005911/en/Celsius-Network-Initiates-Financial-Restructuring-to-Stabilize-Business-and-Maximize-Value-for-All-Stakeholders
3 Arrows Capital declares bankruptcy; founders Su Zhu and Kyle Davis detained at Dubai airport: https://www.investing.com/news/cryptocurrency-news/the-race-three-arrows-capital-3ac-founders-detained-in-dubai-airport-2849780
Zu Shu files US$5 million claim against 3AC: https://watcher.guru/news/3ac-co-founder-zhu-su-among-creditors-files-5m-claim-against-own-company
New York Yankees to pay staff in bitcoin: https://bitcoinmagazine.com/business/new-york-yankees-pay-employees-in-bitcoin
Amazon surveillance devices 'shockingly' used in warrantless & permissionless surveillance: https://theintercept.com/2022/07/13/amazon-ring-camera-footage-police-ed-markey/
AUSTRALIAN
Digital-X CEO (formerly NAB Head of Innovation) takes 5% of her salary in bitcoin: https://www.smh.com.au/business/entrepreneurship/meet-the-asx-chief-executive-who-receives-5-percent-of-her-salary-in-bitcoin-20220714-p5b1jt.html
TECHNICAL / OTHER
Discussion about increasing bitcoin supply to extend block reward subsidy was continued in Bitcoin Optech Newsletter #209: https://bitcoinops.org/en/newsletters/2022/07/20/
Level39 (of Bitcoin Magazine) releases comprehensive thread on the ways bitcoin can stabilise energy grids and bootstrap new infrastructure: https://twitter.com/level39/status/1548550264218583040
Crypto Fear & Greed Index has spent 72 days in "Extreme Fear" (as of July 18th) - the longest period ever: https://alternative.me/crypto/fear-and-greed-index/
Bitcoin Lightning Network reaches ATH capacity of ~4,300 BTC: https://bitcoinvisuals.com/ln-capacity